Economic Impact

This Economic Impact Study was completed by Lightcast which has more than 20 years of experience working with high education institutions and has completed 3000 economic impact studies. 

An Economic Impact Analysis measures how Cowley College affects the local economy. An Investment Analysis is a comparison of the costs and benefits to determine the return on investment.

The taxpayer perspective compares state and local taxpayers' benefits and costs. The benefits are the extra tax revenue and lower state and local government costs. These are calculated by applying average state and local taxes to the same benefits stream used in the social investment analysis. All state and local government support is included in the costs.

Full Executive Summary

Cowley College 2021-2022 STATs

  • 3,619 Credit Student Served and 1,720 Non-credit Students Served 
  • 372 full time and part time employees
  • $14.3 million Total payroll/benefits
  • $4.5 million Total Tuition Revenue
  • 19% students from outside the region
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All results measured in income, not sales. Results are net of counterfactual scenarios. 

 

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Future benefits are discounted to the present. 

TOP INDUSTRIES IMPACTED BY COWLEY COLLEGE

(JOBS SUPPORTED)
733
Healthcare & Social Assistance
352
Retails Trade
274
Other Services (except Public Administration)